Summary
Join Oscar's Finance team as a Treasury Manager, Investments! Manage the corporate investment portfolio, support treasury strategy execution, and assist in setting investment portfolio strategy. Manage portfolio risk and relationships with third-party investment managers. Report to the Senior Director, Assistant Treasurer. Work location is blended, with at least two days per week in the office (NYC, Tempe, or LA) if within commuting distance; otherwise, remote. Residency in specified states is required. Compensation includes base pay ($80,000-$141,750 in specified states, $97,000-$127,575 in others), unlimited vacation, and annual performance bonuses.
Requirements
- 4+ years experience in investment management or asset/liability management
- 3+ years of experience distilling complex ideas and financial models into clear messages
- 1+ years of experience developing strategy and influencing senior leaders
- Bachelor's degree in Finance, Accounting, Economics, or equivalent work experience
Responsibilities
- Support the Assistant Treasurer with respect to the investment of $5.0B+ of cash, cash equivalents, and marketable securities within the Company's approved investment policy including setting investment strategy and all analytical support in investment and liquidity management - asset allocation, manager selection, performance tracking, investment guidelines and compliance
- Assists in developing strategy in partnership with Treasury leadership and presents recommendations to corporate investment committee
- Assist with selection and management of external investment managers to ensure high level of performance and recommend investment portfolio strategies for maximum returns
- Develops investment portfolio analytics and produces monthly reporting to senior management on net investment income results and portfolio performance
- Leads asset/liability management process including development of key metrics to assess and model interest rate risk, liquidity risk, and credit risk
- Develops the net investment income strategic plan, annual net investment income budget, as well as quarterly forecasts
- Prepares Investment portfolio and net investment income reporting package for senior management committee as well as Board of Directors
- Assists in the development of overall treasury strategy by providing financial analysis, modeling, and recommendations for cash management and corporate finance projects (capital structure, debt, fixed/floating mix, funding requirements, cash flow forecasts, and investment policy and strategy)
- Ensure the accuracy of public external reports (10Q, 10K) with regards to investments, debt, and interest income/expense
- Assist department with analysis and presentations for the Board of Directors on matters of corporate finance, investments and external financing
- Other duties as assigned
Preferred Qualifications
- Prior experience in investment management within an insurance, Treasury, and/or healthcare company preferred
- A working knowledge of corporate finance, fixed income investing and/or external capital markets
- MBA or similar advanced degree or CFA designation
- Strong analytical, problem-solving, and critical thinking skills to achieve actionable results
- Ability to work effectively and efficiently in fast-paced and dynamic environment
- Excellent leadership, teamwork and communication skills
- Familiarity with investment reporting and tracking software (Clearwater, etc.)
- Pior experience in investment management within an insurance, Treasury, and/or healthcare company preferred
Benefits
- Medical, dental, and vision benefits
- 11 paid holidays
- Paid sick time
- Paid parental leave
- 401(k) plan participation
- Life and disability insurance
- Paid wellness time and reimbursements
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